8701 MENCHACA RD 108 78748
| Owner | KC 5 DITTMAR LP |
|---|---|
| Parcel ID | 0426191509 |
| Short ID | 973991 |
| Type | Real |
| Use Code | 26 Large Office Condo |
| Valuation | Income |
| Improvement SF | 1,335 SF |
| Land SF | 3,904 SF |
| Acres | 0.090 |
| Year Built | 2022 |
| Legal | TRIO AT MENCHACA BUILDING ONE CONDOMINIUMS UNT 108 PLUS 3.0620 % INT IN COM AREA |
| Neighborhood | J222C1C |
| Land | $39,038 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $39,038 |
| Improvement | $752,825 |
|---|---|
| Total Improvement | $752,825 |
| Market | $791,863 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $791,863 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $791,863 |
| Taxable Value | $791,863 |
|---|
Appreciation: Market value has risen +465.6% from $140,000 (2024) to $791,863 (2025), a CAGR of 465.6% over 1 year. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2024→2025), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend.
Tax Burden: The combined rate across 5 taxing entities is 2.0465% in 2025 (+0.0647% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $16,205. Austin ISD is the largest single contributor, at 45.2% of the total 2025 levy.
Asset Class: O. This is valued using the income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 5% of market value ($39,038 land vs $752,825 improvements), about $10/SF of land. Most value sits in the improvements, so building condition, age (~4 yrs), and rent roll drive the underwriting.
Forward Outlook: Holding the +465.6% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $4,584,163,798 by 2030, with an estimated annual tax burden around $24,023. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
No delinquent taxes on record.
1 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,335 SF | ✓ |
Market value changed by 267% in 2025, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| IAU Austin ISD | 1.0617% | 0.9966% | 0.8595% | 0.9505% | 0.9252% | -0.0253% | $4,166.18 | $4,166.18 | Paid |
| CAT City of Austin | 0.5410% | 0.4627% | 0.4458% | 0.4776% | 0.5240% | +0.0464% | $2,359.65 | $2,359.65 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,692.43 | $1,692.43 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $531.46 | $531.46 | Paid |
| ACT Austin Community College | 0.1048% | 0.0987% | 0.0986% | 0.1013% | 0.1034% | +0.0021% | $465.61 | $465.61 | Paid |
| Combined Rate | 2.1767% | 1.9749% | 1.8092% | 1.9818% | 2.0465% | +0.0647% | $9,215.33 | $9,215.33 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $486,565 | $791,863 | -38.6% |
| Assessed Value | $486,565 | $791,863 | -38.6% |
| Land Value | $39,038 | $39,038 | +0.0% |
| Improvement Value | $447,527 | $752,825 | -40.6% |
| Taxable Value | $486,565 | $791,863 | -38.6% |
| Total Tax 2026 = estimate |
~$9,957
Estimated
|
~$9,215
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $486,565 | $486,565 | +0 (+0.0%) |
| Taxable Value | $486,565 | $486,565 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $486,565 | $39,038 | $447,527 | — | $486,565 | $486,565 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $791,863 | $39,038 | $752,825 | — | $791,863 | $791,863 | ~$9,215 | Partial |
| 2024 | $140,000 | — | — | −$118,529 | $21,471 | $— | $4,278 | Verified |
| 2023 | $— | — | — | — | $17,910 | $— | $2,026 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -38.6% | -38.6% | ~100% | Not available | Partial |
| 2025 | +266.8% ! | +266.8% | ~100% | Not available | Partial |
| 2024 | +16.7% | +16.7% | ~100% | 1.9800% | Verified |
| 2023 | base year | — | ~100% | 1.1000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +328.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -38.6% | +213.5% | +536.6% | +465.6% | 2025 | -38.6% | 2026 |
| Assessment Ratio | 100.0% | 71.8% | — | 100.0% | 2025 | 15.3% | 2024 |
| Effective Tax Rate (2025) | 1.1600% | 1.1600% | — | 1.1600% | 2025 | 1.1600% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$9,215 | $6,747 | ~$20,661 | $9,215 | 2025 | $4,278 | 2024 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$4,478,907 | ~$871,049 | ~2.0139% | ~$17,542 | +465.6% |
| 2027 | ~$25,333,435 | ~$958,154 | ~1.9814% | ~$18,985 | +3099.2% |
| 2028 | ~$143,290,071 | ~$1,053,970 | ~1.9488% | ~$20,540 | +17995.3% |
| 2029 | ~$810,472,180 | ~$1,159,367 | ~1.9163% | ~$22,217 | +102250.1% |
| 2030 | ~$4,584,163,798 | ~$1,275,303 | ~1.8837% | ~$24,023 | +578808.7% |
| 2026 | ~$4,463,070 | ~$871,049 | ~2.0465% | ~$17,826 | +463.6% |
| 2027 | ~$25,154,596 | ~$958,154 | ~2.0465% | ~$19,608 | +3076.6% |
| 2028 | ~$141,775,433 | ~$1,053,970 | ~2.0465% | ~$21,569 | +17804.0% |
| 2029 | ~$799,069,631 | ~$1,159,367 | ~2.0465% | ~$23,726 | +100810.1% |
| 2030 | ~$4,503,687,717 | ~$1,275,303 | ~2.0465% | ~$26,099 | +568645.8% |
| 2026 | ~$4,494,744 | ~$871,049 | ~1.9977% | ~$17,401 | +467.6% |
| 2027 | ~$25,512,908 | ~$958,154 | ~1.9488% | ~$18,673 | +3121.9% |
| 2028 | ~$144,815,458 | ~$1,053,970 | ~1.9000% | ~$20,026 | +18187.9% |
| 2029 | ~$821,996,329 | ~$1,159,367 | ~1.8512% | ~$21,462 | +103705.4% |
| 2030 | ~$4,665,786,206 | ~$1,275,303 | ~1.8024% | ~$22,986 | +589116.3% |
Estimate only. The appraisal district sets value as of Jan 1 (not at sale price). A sale is strong evidence of market value and is typically reflected in the next Jan 1 valuation. Taxing units set rates annually. Modeled from government data — not a legal or tax opinion.